Chapter 51 4. Is gold worth investing in?

●If you buy at this moment, you can make a lot of money, and the income can reach 3 times. ●You can't control it either.The manipulator is someone else.You are the one being manipulated. ●I tell you, don't believe the prediction that gold will rise to a few yuan in the future. Do you say gold has value?Let me cite a statistic. In the early years of the Republic of China, 1 tael of gold could buy 2 acres of fertile land, and 5 taels of gold could buy a courtyard house.So today, 1 kilogram of gold can only be exchanged for 230,000 yuan, and you can't even buy a toilet.Therefore, in terms of the value of gold, from before liberation to now, gold does not have such a good ability to preserve value.

The results of my recent research show that if you own gold for 30 years, it can bring a return rate of 3 times. If you invest in the S&P, it is 8.36 times. If you invest in the Dow Jones, it is 9.72 times. If you invest in Nasdaq, it is 12.2 times.That is to say, the rate of return of gold is the worst, it only has a rate of return of 3 times, and the rate of return of the US stock market is 10 times on average.So gold doesn't have much investment value, but if I only look at the last 10 years, what is the rate of return on gold as a result of their manipulation?It is also 3 times, and the investment has earned 3 times in 30 years, and the investment in the last 10 years has still earned 3 times, which means that the past 20 years have been for nothing, because the past 20 years were an era of manipulation, you can’t make money, and this moment is also manipulation Times, but if you buy at this moment, you can make a lot of money, and the income can be tripled.The rate of return on U.S. Treasury bonds is 1.8 times.The Dow lost 6% of its principal, the Nasdaq lost 28% of its principal, and the S&P 500 lost 27% of its principal.That is to say, if you look at the situation in the past 10 years, you can earn 3 times when you invest in gold, which is far better than 1.8 times the U.S. national debt, while the U.S. stock market basically loses all.

But do you want to buy gold based on the excellent performance of these 10 years?Why has the rate of return on gold been so good in the past 10 years?There is only one reason, because it is manipulated again.Because 10 years ago, there was a very good rumor in the world, that is, "gold is useless", and the price was hit to 250 US dollars per ounce. If you buy it at this time, you can earn three times in 10 years.Therefore, in the case of long-term holding for 30 years, although there have been two major manipulations, the return rate of gold is the worst, worse than treasury bonds, and worse than stocks.However, if you buy gold in these 10 years, its rate of return is the best.what is the reason?Because it is also manipulation.So let me tell you that the reason why the past 30 years were the worst was because it was manipulated, and the reason why it was the best in the past 10 years is because it was also manipulated.So I dare not suggest you to buy gold, because this is beyond your control, and you cannot manipulate it. The manipulator is someone else, and you are the one being manipulated.If I tell you to buy it, it's over, and no one knows how to manipulate it.You might say Professor Lang, let’s estimate how the future will be manipulated.I can tell you that Professor Lang is not at this level.I don't know how the next wave of international financial speculators will manipulate, but I can still understand how to manipulate in the past.Under this kind of manipulative situation, I dare not give you any advice. After you understand it, you can figure out a way for yourself.And recently I have seen a lot of media reports, what are the reports?Let me tell you a few things.

Fitzpatrick, chief technical analyst at Citibank, said in December 2008 that gold would rise above $2,000 an ounce in the future.In addition, some people say that gold will rise to $6,000 an ounce in the future.I can tell you, I don't believe it.According to my understanding of gold, the reason they say this is that a new round of manipulation is about to start. As for how they want to manipulate, frankly speaking, it hasn’t happened yet. I don’t know. I only dare to talk about what has happened.But when you hear this kind of words about the future of gold, especially the words of international financial capitals such as Citibank, JP Morgan Chase, and Goldman Sachs, don’t believe it. Go back and think about how you should invest.